Dr. Wade Pfau is a Professor of Retirement Income with The American College of Financial Services. Pfau’s low-key, academic style belies his groundbreaking research in the area of retirement income, making him a leading voice in what can be a complicated, yet critically important, issue for most Americans.
We asked him about common retirement income mistakes that can kill a portfolio, the pitfalls of raising the RMD age to 75, and what’s wrong with the 401(k), or at least what it can do better. Wade joins us right after these messages.
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With more than 20 years serving financial markets, John Sullivan is the former editor-in-chief of Investment Advisor magazine and retirement editor of ThinkAdvisor.com. Sullivan is also the former editor of Boomer Market Advisor and Bank Advisor magazines, and has a background in the insurance and investment industries in addition to his journalism roots.